Kestra Private Wealth Services LLC Trims Position in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

Kestra Private Wealth Services LLC lessened its position in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 12.1% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 40,687 shares of the exchange traded fund’s stock after selling 5,614 shares during the quarter. Kestra Private Wealth Services LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $3,762,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. PSI Advisors LLC grew its holdings in iShares 7-10 Year Treasury Bond ETF by 20.0% during the third quarter. PSI Advisors LLC now owns 653 shares of the exchange traded fund’s stock valued at $64,000 after purchasing an additional 109 shares during the period. J. W. Coons Advisors LLC grew its holdings in iShares 7-10 Year Treasury Bond ETF by 1.0% during the third quarter. J. W. Coons Advisors LLC now owns 13,239 shares of the exchange traded fund’s stock valued at $1,299,000 after purchasing an additional 135 shares during the period. Drive Wealth Management LLC grew its holdings in iShares 7-10 Year Treasury Bond ETF by 3.0% during the third quarter. Drive Wealth Management LLC now owns 4,924 shares of the exchange traded fund’s stock valued at $483,000 after purchasing an additional 144 shares during the period. Intergy Private Wealth LLC grew its holdings in iShares 7-10 Year Treasury Bond ETF by 6.2% during the fourth quarter. Intergy Private Wealth LLC now owns 2,504 shares of the exchange traded fund’s stock valued at $231,000 after purchasing an additional 146 shares during the period. Finally, Atomi Financial Group Inc. grew its holdings in iShares 7-10 Year Treasury Bond ETF by 0.3% during the fourth quarter. Atomi Financial Group Inc. now owns 55,128 shares of the exchange traded fund’s stock valued at $5,097,000 after purchasing an additional 147 shares during the period. Hedge funds and other institutional investors own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Stock Performance

NASDAQ:IEF opened at $93.12 on Tuesday. The stock has a 50-day simple moving average of $92.96 and a two-hundred day simple moving average of $95.10. iShares 7-10 Year Treasury Bond ETF has a 52-week low of $91.02 and a 52-week high of $99.18. The firm has a market capitalization of $32.08 billion, a PE ratio of -21.67 and a beta of 0.05.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The business also recently declared a dividend, which was paid on Thursday, February 6th. Shareholders of record on Monday, February 3rd were issued a dividend of $0.2964 per share. The ex-dividend date of this dividend was Monday, February 3rd. This is a positive change from iShares 7-10 Year Treasury Bond ETF’s previous dividend of $0.29.

iShares 7-10 Year Treasury Bond ETF Profile

iShares 7-10 Year Treasury Bond ETF (the Fund) is an is an exchange-traded fund. The Fund seeks to track the investment results of an index composed of the United States Treasury bonds with remaining maturities between seven and ten years. The Fund seeks to track the investment results of the Barclays U.S.